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Standart Pompa Exclusivity 2019
Standart Pompa Exclusivity 2019
Standart Pompa Exclusivity 2019
A.) This Agency Agreement is made on 01 July 2019 by and between following parties:
1) PARTIES:
2) PRODUCTS : UL/FM fire fighting Pumps and Chilled Water pumps along with
all required accessories & Spare Parts.
BRAND : STANDART POMPA
3) DURATION: This agreement shall be effective starting from 01th August 2018 for
a period of 1 year and shall expire on 31th of July 2019.
4) TERITORY: In the territory of QATAR
5) MANUFACTURER: Standart Pompa ve Makine San.Tic A.S. is the manufacturer
and Principle is the sister company of Standart Pompa which makes sales (export) to
out of Turkey.
B.) Principal and Agent hereby agree on the following terms:
1- Principal hereby appoints Agency as Sole&Exclusive Agent to represent the Principal in
the Territory under brand name Standart and to identify new customers for Principal. The
Agent hereby accepts and acknowledges this appointment.
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2- Principal hereby warrants to the Agent that all goods and products supplied by Principal
shall be in good condition in terms of material and workmanship.
3- In case of any claim, request, such condition shall be submitted by post within fifteen
days after the goods recived . In case any claim arises, Agent shall send products to the
factory of Principal. Afterwards Principal shall promptly procure new products and shall
at no cost forward these to the place designated by Agency.
4- Agent and Principal shall maintain the confidentiality provisions of this Agreement
excepting the disclosure provisions required by Law.
5- TARGET : 500,000 QAR ( 150,000 USD ) as a start for the first year 2019/2020.
6- PAYMENT : 30 % Advanced Payment & 70 % Open Credit Facility LC / 60 Days
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Signed: Signed: